Cerity Partners LLC Trims Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cerity Partners LLC cut its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 173,012 shares of the company’s stock after selling 556 shares during the quarter. Cerity Partners LLC owned approximately 0.09% of Global X U.S. Infrastructure Development ETF worth $7,121,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Great Valley Advisor Group Inc. increased its position in shares of Global X U.S. Infrastructure Development ETF by 2.8% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 472,375 shares of the company’s stock worth $19,443,000 after purchasing an additional 12,648 shares during the last quarter. Meridian Wealth Management LLC grew its stake in Global X U.S. Infrastructure Development ETF by 8.1% in the third quarter. Meridian Wealth Management LLC now owns 81,460 shares of the company’s stock worth $3,353,000 after purchasing an additional 6,105 shares in the last quarter. Investors Research Corp increased its holdings in Global X U.S. Infrastructure Development ETF by 44.2% in the third quarter. Investors Research Corp now owns 71,620 shares of the company’s stock valued at $2,948,000 after buying an additional 21,947 shares during the last quarter. L & S Advisors Inc acquired a new stake in Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $280,000. Finally, Trustmark National Bank Trust Department lifted its holdings in Global X U.S. Infrastructure Development ETF by 37.3% during the 3rd quarter. Trustmark National Bank Trust Department now owns 9,057 shares of the company’s stock worth $373,000 after buying an additional 2,460 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.6 %

Shares of BATS PAVE opened at $45.58 on Thursday. The company has a market capitalization of $8.73 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The business has a 50 day simple moving average of $42.48 and a 200-day simple moving average of $39.63.

About Global X U.S. Infrastructure Development ETF

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.